OK, about right. That insert has a very short wiper near the tip, but the actual length of the cutting edge is shorter than for an end mill.
All the same, I still say you have to make the trade-off for your machine: push it too hard (to get the short cycle time) and you may get chatter. Me, I would be more concerned about the chatter than the cycle time.
And a chattering machine is going to wear out a lot faster too.
Cheers
Roger